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Accounting

OVERHEADS ˈoʊvərˈhɛds

05 Dec 2023

Noun

  • the costs you pay regularly when running your business, e.g. the cost of electricity, heating, phone bills etc.
Example Sentence: Since the new management laid off half of our workers our overheads have been an all-time low.
 

CASHFLOW kæʃfloh

19 Nov 2023

Noun

  • the amount of money moving through a company.
Example Sentence: Accountants can advise on systems for managing cashflow.
 

ANALYST ænlɪst

16 Nov 2023

Noun

  • Somebody whose job is to carefully study and understand something.
Example Sentence: Business analysts say the crisis is likely to hurt the country’s economy.
 

DEPRECIATE dɪˈpriʃiˌeɪt

10 Nov 2023

Verb

  • to lose value, especially with time.
Example Sentence: In general, big cars tend to depreciate faster than smaller cars.
 

AUDIT ɔdɪt

03 Nov 2023

Noun

  • an investigation of a company's finances to make sure they are correct.
Example Sentence: They are carrying out the annual audit.
 

ROYALTY rɔɪəlti

04 Sep 2023

Noun

  • money paid to somebody (esp. a writer/musician) when their work is used.
Example Sentence: He receives royalties every time the advert appears on TV.
 

PAY UP peɪ ʌp

09 Jun 2023

Phrasal Verb

  • give money.
Example Sentence: You must pay up by Friday.
 

ACCOUNT FOR əˈkaʊnt fɔr

12 May 2023

Phrasal Verb

  • explain.
Example Sentence: She was unable to account for over $5000.
 

AMORTISATION əˌmɔːtaɪˈzeɪʃən

05 May 2023

Noun

  • the repayment of debt in small regular amount.
Example Sentence: Company earnings before interest, tax and amortisation grew by 10%.
 

RECEIVABLES rɪˈsivəbəls

17 Apr 2023

Noun

  • money that a business expects to receive.
Example Sentence: The company generates roughly $400 million in receivables annually.
 

PROFITABLE prɒfɪtəbəl

15 Apr 2023

Adjective

  • making money or likely to make money in the future.
Example Sentence: The most profitable industries are those that are difficult to enter.
 

OUTLOOK aʊtˌlʊk

12 Apr 2023

Noun

  • how the future looks based on current predictions.
Example Sentence: The outlook for small firms has worsened in recent months.
 

CASHFLOW kæʃ floʊ

23 Mar 2023

Noun

  • the amount of money moving through a company.
Example Sentence: Accountants can advise on systems for managing cashflow.
 

CAPITAL EXPENDITURE kæpɪtl ɪkˈspɛndɪtʃə

22 Mar 2023

Noun

  • the cost of long-term improvements.
Example Sentence: They do not have enough cashflow to cover their capital expenditure.
 

TURNOVER tɜrnˌoʊvər

13 Mar 2023

Noun

  • the rate at which employees join and leave a company.
Example Sentence: The turnover of workers in the new restaurant business is very high.
 
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